In the matter of LIG Australia Pty Ltd; In the matter of Success Aluminium Pty Ltd [2015] NSWSC 892

Supreme Court New South Wales

Medium Neutral Citation: In the matter of LIG Australia Pty Ltd; In the matter of Success Aluminium Pty Ltd [2015] NSWSC 892 Hearing dates: 10 June 2015 Decision date: 07 July 2015 Jurisdiction: Equity Division - Corporations List Before: Black J Decision: Order that the Originating Processes filed on behalf of LIG Australia Pty Ltd (2015 101974) be dismissed with costs. Orders that the creditor's statutory demand issued to Success Aluminium Pty Ltd (2015/101995) be amended in accordance with Order 2 and the Originating Processes filed on behalf of Success Aluminium Pty Ltd otherwise be dismissed with costs. Catchwords: CORPORATIONS – winding up – application to set aside statutory demand –whether verifying affidavit was sworn prior to statutory demand – whether verifying affidavit verifies debt the subject of the demand for the purposes of s 459E(3) of the Corporations Act 2001 (Cth).

CORPORATIONS – winding up – application to set aside statutory demand – where Part XVB of the Customs Act 1901 (Cth) applied to dealings that gave rise to debts – Whether debts unrecoverable for illegality.

CORPORATIONS – winding up – application to set aside statutory demand – whether demands an abuse of process. Legislation Cited: - Corporations Act 2001 (Cth) ss 459E(3), 459G, 459H, 459H(2), 459J, 459J(1) - Customs Act 1901 (Cth) pt XVB, s 269SM - Customs Tariff (Anti-Dumping) Act 1975 (Cth) Cases Cited: - Arcade Badge Embroidery Co Pty Ltd v Deputy Commissioner of Taxation [2005] ACTCA 3; (2005) 157 ACTR 22 - Createc Pty Ltd v Design Signs Pty Ltd [2009] WASCA 85; (2009) 71 ACSR 602 - David Grant & Co Pty Ltd v Westpac Banking Corporation (1995) 184 CLR 265 - Equuscorp Pty Ltd v Haxton [2012] HCA 7; (2012) 246 CLR 498 - Gnych v Polish Club Ltd [2015] HCA 23 - Kisimul Holdings Pty Ltd v Clear Position Pty Ltd [2014] NSWCA 262 - Preston International Pty Ltd v Deputy Commissioner of Taxation [2007] NSWSC 603 - Re Gemaveld Pty Ltd [2012] NSWSC 582 - Re UGL Process Solutions Pty Ltd [2012] NSWSC 1256 - T S Recoveries Pty Ltd v Sea-Slip Marinas (Aust) Pty Ltd [2007] NSWSC 1074 - Westfield Management Ltd v AMP Capital Property Nominees Ltd [2012] HCA 54; (2012) 247 CLR 129 - Wildtown Holdings Pty Ltd v Rural Traders Co Ltd [2002] WASCA 196; (2002) 172 FLR 35 - Williams v Spautz (1992) 174 CLR 509 Texts Cited: - F Assaf, Statutory Demands and Winding Up in Insolvency, 2nd ed 2012, LexisNexis Butterworths Category: Principal judgment Parties: 2015/101974 LIG Australia Pty Ltd (Applicant) Opal (Macao Commercial Offshore) Ltd (Respondent)